Browsing Recerca: working papers, preprints, informes, etc. by Author "Khametshin, Dmitry"

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Hedger of last resort: evidence from Brazilian FX interventions, local credit, and global financial cycles

Gonzalez, Rodrigo Barbone; Khametshin, Dmitry; Peydró, José-Luis; Polo, Andrea, 1983- (2018-10-01)

We show that local central bank policies attenuate global financial cycle (GFC) s spillovers. For identification, we exploit GFC shocks and Brazilian interventions in FX derivatives using three matched administrative ...
Hedger of last resort: evidence from Brazilian FX interventions, local credit, and global financial cycles

Gonzalez, Rodrigo Barbone; Khametshin, Dmitry; Peydró, José-Luis; Polo, Andrea, 1983- (2022-11)

We show that FX interventions attenuate global financial cycle (GFC)’s spillovers. We exploit GFC shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: credit, ...

Now showing items 1-2 of 2

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